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2044 S Broadway Ave

Wichita, KS 67211
  • $650,000
  • STATUS: Active
  • MLS #: 633405
UPDATED: 42 min ago
$650,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 13,068
    SQFT
  • $50
    $/SQFT
Type:
Multi-Family
Built:
1955
County:

School Information

Elementary School:
Middle School:
High School:

Listing information © 2024 South Central Kansas MLS.
Listing provided courtesy of Don Hamm of Wheat State Realty, LLC .




Description

Fantastic investment opportunity!! 22 studio unit apartments. Many of these units have been renovated. Updates include new pex plumbing installed, LVP flooring, and gas lines. Several furnaces have been updated as well. Tenants pay electric. Owner pays, gas, trash, yard, and water and provides fridge and stoves. There is also a large storage building (90x25) that could provide another rental income stream. This property consists of 3 parcels (2044, 2050 & 2056 S Broadway). Monthly rent when full is $8010 ($96,120 per year) and currently there are only 2 vacancies. There are 2 units that were involved in a fire that are in the process of being renovated. A wonderful opportunity to expand your rental portfolio.

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This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. ©2024 South Central Kansas MLS. All rights reserved. IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-02-25T09:01:02.28.
www.seewichitahomes.com/homes/145941167
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2044 S Broadway Ave Wichita, KS 67211

  • Price: $650,000
  • Status: Active
  • On Site: Days
  • Updated: 42 min ago
  • MLS #: 633405
0
Beds
0
Baths
0
½ Baths
N/A
Acres
13,068
SQFT
$50
$/SQFT
1955
Built
County:
Sedgwick
Elementary School:
Gardner
Middle School:
Hamilton
High School:
West
School District:
Wichita School District (Usd 259)
Property Description
Fantastic investment opportunity!! 22 studio unit apartments. Many of these units have been renovated. Updates include new pex plumbing installed, LVP flooring, and gas lines. Several furnaces have been updated as well. Tenants pay electric. Owner pays, gas, trash, yard, and water and provides fridge and stoves. There is also a large storage building (90x25) that could provide another rental income stream. This property consists of 3 parcels (2044, 2050 & 2056 S Broadway). Monthly rent when full is $8010 ($96,120 per year) and currently there are only 2 vacancies. There are 2 units that were involved in a fire that are in the process of being renovated. A wonderful opportunity to expand your rental portfolio.
Exterior Features

Construction Materials Frame Parking Features Street Parking Parking Total 10 Roof Composition

Interior Features

Appliances Range/Oven Basement None Basement Finish Per None Basement Use None Cooling Window Unit(s) Heating Wall Furnace

Property Features

Architectural Style Side by Side Association YN No Current Financing Conventional Lot Size Area 37682 Number Of Efficiency Units 22 Owner Finance YN No Ownership Individual Property Sub Type Apartment Complex Tax Annual Amount 4803.4 Tax Year 2022 Terms Of Tenancy Month to Month Transaction Type For Sale Utilities GasPublicSewer Available

Listing courtesy of Don Hamm of Wheat State Realty, LLC: .


This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. ©2024 South Central Kansas MLS. All rights reserved. IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-02-25T09:01:02.28.
 
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Pinnacle Realty Group
125 E 2nd St.
Wichita KS, 67202

Listing information © 2024 South Central Kansas MLS.
Listing provided courtesy of Don Hamm of Wheat State Realty, LLC .